Binance Coin / Dollar may rise to 595.7 - 602.7

Our pivot point stands at 570.7.

Our preference

Rebound towards 602.7.

Alternative scenario

Below 570.7, expect 559.1 and 552.2.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 580.9 and 582).

Supports and resistances

616.6 **

609.6 *

602.7 **

595.7

580.7 last

575.3

570.7 **

559.1 *

552.2 **

Number of asterisks represents the strength of support and resistance levels.